Recently, the crypto assets market has shown a clear trend: mainstream alternative tokens struggle to break out into a strong market before Bitcoin (BTC) reaches new highs. The price movement of most crypto assets still maintains a high correlation with Bitcoin.



The likelihood of well-known projects such as Ethereum (ETH), Solana (SOL), and Ripple (XRP) breaking through historical highs in the short term seems low. This market pattern reflects investors' reliance on Bitcoin as an industry benchmark.

It is worth noting that certain niche tokens like PUMP still exhibit extremely high volatility, causing significant losses for many retail investors. Unless project teams or large holders make irrational decisions, these types of tokens are likely to continue reaching new highs, as the main participants controlling these assets are usually reluctant to give up their acquired market share.

Overall, the current crypto market presents a cautious atmosphere. Investors seem to be waiting for Bitcoin to break through key resistance levels as a signal that the entire market may enter a new bull market. Before that, most alternative tokens may continue to follow Bitcoin's lead, struggling to establish independent trends. This phenomenon once again emphasizes Bitcoin's core position in the entire crypto ecosystem.
BTC0.68%
ETH0.75%
SOL0.34%
XRP1.1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Share
Comment
0/400
rekt_but_not_brokevip
· 6h ago
No matter what I play, I'm getting rekt and still in the deep pit, but I will always buy the dip and never give up.
View OriginalReply0
MeltdownSurvivalistvip
· 07-25 03:51
With the current market conditions, I'm almost full from eating dirt.
View OriginalReply0
MEVHunterZhangvip
· 07-25 03:38
Haha, is it Musk again? Without a bull, it's just for fun.
View OriginalReply0
just_another_fishvip
· 07-25 03:32
Suckers should follow the pro to play people for suckers.
View OriginalReply0
wagmi_eventuallyvip
· 07-25 03:28
Small coins are indeed hard to play with. Let's hold on to BTC for now.
View OriginalReply0
AirdropHarvestervip
· 07-25 03:27
Who dares to act rashly when BTC is stable?
View OriginalReply0
mev_me_maybevip
· 07-25 03:26
Is it a leader or a sucker play people for suckers?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)